Algeria: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in Algeria

In 2022, the Algerian glass in the mass market decreased by -65.2% to $X, falling for the fifth year in a row after two years of growth. In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Glass in The Mass in Algeria

In value terms, glass in the mass production rose markedly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 25%. Glass in the mass production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Glass in The Mass

Exports from Algeria

After four years of growth, overseas shipments of glass in the mass decreased by -31.7% to X tons in 2022. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 192% against the previous year. Over the period under review, the glass in mass exports hit record highs at X tons in 2021, and then dropped significantly in the following year.

In value terms, glass in the mass exports declined sharply to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 339% against the previous year. As a result, the exports reached the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Tunisia (X tons) was the main destination for glass in the mass exports from Algeria, with a 89% share of total exports. Moreover, glass in the mass exports to Tunisia exceeded the volume sent to the second major destination, Spain (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tunisia totaled +20.6%.

In value terms, Tunisia ($X) remains the key foreign market for glass in the mass exports from Algeria, comprising 94% of total exports. The second position in the ranking was held by Spain ($X), with a 6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Tunisia totaled +29.1%.

Export Prices by Country

The average glass in the mass export price stood at $X per ton in 2022, waning by -10.1% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, glass in the mass export price increased by +44.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 60%. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while the average price for exports to Spain amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+6.9%).

Imports of Glass in The Mass

Imports into Algeria

In 2022, the amount of glass in the mass imported into Algeria soared to X tons, with an increase of 735% against the year before. Overall, imports, however, saw a deep slump. The most prominent rate of growth was recorded in 2014 when imports increased by 5,982% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, glass in the mass imports soared to $X in 2022. In general, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2014 with an increase of 4,571%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Spain (X tons), Turkey (X tons) and China (X tons) were the main suppliers of glass in the mass imports to Algeria, together accounting for 63% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +24.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X) constituted the largest supplier of glass in the mass to Algeria, comprising 36% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by Turkey, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-21.9% per year) and Turkey (+16.7% per year).

Import Prices by Country

The average glass in the mass import price stood at $X per ton in 2022, with an increase of 25% against the previous year. In general, the import price posted a moderate expansion. The pace of growth was the most pronounced in 2018 an increase of 66% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+66.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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